I think that most people, when they look at it long enough, decide that 62 is better. The SSA says that the average age at which people start drawing SS is about 62.5. This may be changing, however. The standard age for SS is moving up to 67. You can still start at 62, but the discount for the early start at 62 is greater when the standard age is 67, than when it is 65. In other words less money. Still, I plan to retire at 55 and start SS at 62, even though my standard retirement age is 66 (born in 1945).